Blackstone (NYSE:BX) Major Shareholder Holdings Iv Gp Mana Blackstone Acquires 1,146,789 Shares

Blackstone Inc. (NYSE:BX) major shareholder Holdings Iv Gp Mana Blackstone acquired 1,146,789 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were acquired at an average cost of $26.16 per share, with a total value of $30,000,000.24. Following the purchase, the insider directly owned 16,716,249 shares of the company’s stock, valued at $437,297,073.84. This trade represents a 7.37% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Holdings Iv Gp Mana Blackstone also recently made the following trade(s):

• On Friday, December 19th, Holdings Iv Gp Mana Blackstone purchased 384,468 shares of Blackstone stock. The stock was acquired at an average cost of $26.01 per share, for a total transaction of $10,000,012.68.

Blackstone Price Performance

Shares of NYSE BX traded up $2.56 during midday trading on Tuesday, hitting $116.27. 10,054,626 shares of the company’s stock were exchanged, compared to its average volume of 6,575,871. The company has a current ratio of 0.76, a quick ratio of 0.75 and a debt-to-equity ratio of 0.61. The business’s fifty day moving average price is $146.84 and its two-hundred day moving average price is $156.03. The company has a market cap of $85.86 billion, a price-to-earnings ratio of 29.97, a PEG ratio of 0.94 and a beta of 1.76. Blackstone Inc. has a 12-month low of $111.04 and a 12-month high of $190.09.

Blackstone (NYSE:BX) last announced its earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.21. The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. Blackstone’s revenue for the quarter was up 41.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.69 earnings per share. As a group, research analysts forecast that Blackstone Inc. will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were paid a $1.49 dividend. This is a boost from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend was Monday, February 9th. Blackstone’s payout ratio is currently 153.61%.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: RBC Capital initiated coverage with an “Outperform” rating, giving investors a fresh, bullish institutional endorsement that can attract buying interest and support multiple expansion. RBC Initiates Coverage
• Positive Sentiment: Blackstone Life Sciences (BXLS) announced a co-funding agreement to advance an AML therapy (bleximenib). This clinical/strategic win boosts BX’s growth narrative in life sciences investing and can improve fee-related earnings if the program advances or is monetized. BXLS Co-Funding AML
• Positive Sentiment: Multiple bullish write-ups (bull-case theory pieces) are circulating that highlight Blackstone’s fee-income resilience, asset realization potential and long-term scale — narratives that can lure value-oriented investors after recent weakness. Bull Case Theory (MSN)
• Neutral Sentiment: Analysts are recalibrating valuation assumptions for BX as fee structures, fundraising pace and realizations evolve — this can lead to mixed near-term estimates even if the long-term thesis remains intact. Watch for follow-through from major sell- or buy-side shops. Analysts Reset Valuation Expectations
• Negative Sentiment: A recent analysis flags a sharp share-price pullback driven by rising Treasury yields, pressure across alternatives, and investor worry about fundraising, fees and realizations — factors that can keep the stock under pressure until clarity on fundraising and performance arrives. Assessment After Sharp Declines

Wall Street Analysts Forecast Growth

BX has been the topic of several recent research reports. BMO Capital Markets reduced their price objective on Blackstone from $180.00 to $165.00 and set an “outperform” rating on the stock in a research report on Monday, February 2nd. Royal Bank Of Canada initiated coverage on shares of Blackstone in a research report on Monday. They set an “outperform” rating and a $179.00 price target on the stock. The Goldman Sachs Group lowered their price objective on shares of Blackstone from $166.00 to $158.00 and set a “neutral” rating for the company in a report on Friday, January 30th. Jefferies Financial Group reduced their target price on shares of Blackstone from $185.00 to $161.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. Finally, Barclays lowered their price target on shares of Blackstone from $171.00 to $164.00 and set an “equal weight” rating for the company in a research note on Friday, January 30th. Eleven investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $169.38.

Institutional Investors Weigh In On Blackstone

A number of large investors have recently added to or reduced their stakes in BX. Arrow Capital Management LLC purchased a new stake in shares of Blackstone during the fourth quarter worth about $12,327,000. Walser Wealth Management Company A Ltd Liability Co bought a new position in Blackstone during the 4th quarter valued at approximately $316,000. MV Capital Management Inc. bought a new stake in shares of Blackstone in the 4th quarter worth approximately $103,000. White Knight Strategic Wealth Advisors LLC increased its stake in shares of Blackstone by 30.7% during the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 17,165 shares of the asset manager’s stock valued at $2,646,000 after buying an additional 4,029 shares during the period. Finally, T. Rowe Price Investment Management Inc. purchased a new stake in Blackstone in the fourth quarter worth $22,268,000. Institutional investors own 70.00% of the company’s stock.

Blackstone Company Profile

Blackstone Inc (NYSE: BX) is a global investment firm focused on alternative asset management. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson and headquartered in New York City, the firm organizes and manages investment vehicles that acquire and operate businesses, real estate and credit investments, as well as provide hedge fund solutions and other alternative strategies for institutional and individual investors.

Blackstone’s business is organized around several principal investment platforms.